Is ORMOND a good suburb for positive geared property investment in Australia?

ORMOND in VIC currently features property rental yields up to 2.9% with a 12-month capital growth value of Down -5.3%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in ORMOND 3204?

The median house price in ORMOND 3204 is approximately $1,800,000 based on the latest tracked market indices.

Investment Spotlight • Australia

ORMOND 3204

State: VIC

Updated: 5 August 2026

PosiProp AI Investment Summary

ORMOND (VIC 3204) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Down -5.3%, with a median house buy price of $1,800,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,260,000

Down -24.8% 2.5% Yield

3 house • buy

$1,683,000

Up 7.2% 2.9% Yield

4 house • buy

$1,840,000

Down -15.6% 3.2% Yield

all house • buy

$1,800,000

Down -5.3% 2.9% Yield

Suburb Market Profile

Last month Ormond had 40 properties available for rent and 43 properties for sale. Median property prices over the last year range from $1,800,000 for houses to $551,500 for units. If you are looking for an investment property, consider houses in Ormond rent out for $950 PW with an annual rental yield of 2.9% and units rent for $550 PW with a rental yield of 5.2%. Ormond has seen an annual compound growth rate of -5.3% for houses and -6.5% for units.

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